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WW International Inc (WW) delivers science-based weight management solutions through digital platforms, workshops, and clinical partnerships. This page aggregates all corporate announcements and verified news coverage for investors and industry observers.
Access primary-source press releases, earnings reports, and strategic updates to monitor WW’s market position. Our curated collection ensures timely access to operational developments, including product launches, leadership changes, and partnership announcements.
Key updates include quarterly financial results, clinical program expansions, technology enhancements, and wellness industry analysis. Each entry provides context to help stakeholders assess WW’s evolving role in digital health and behavioral science.
Bookmark this page for streamlined tracking of WW’s corporate milestones and sector influence. Check back regularly for authoritative updates directly from the company and trusted financial publications.
WeightWatchers (NASDAQ: WW) has announced two strategic leadership appointments to drive growth and community engagement. Scott Honken joins as Chief Commercial Officer, overseeing B2B growth, operations, partnerships, and licensing. Phillip Picardi becomes Chief Impact Officer, focusing on building communities and scaling the company's impact work.
Honken, formerly at Calibrate, brings experience from Rightway and Livongo in forming multimillion-dollar partnerships. Picardi, previously Chief Strategy Officer at the Los Angeles LGBT Center, will lead brand marketing, communications, social impact, and employee experience teams.
These appointments align with WeightWatchers' goal to expand access to equitable care and redefine community engagement across all stakeholders, including employers, payers, and health plans.
WW International, Inc. (NASDAQ: WW) announced its Q2 2024 financial results. The company reported revenues of $202.1 million, down 10.9% YoY, with a gross margin of 67.9%. Operating income rose 36.5% to $35.9 million, while adjusted operating income increased 12% to $37.9 million. However, net income dropped 54.2% to $23.3 million, and EPS fell 54.9% to $0.29. End of period subscribers declined 6.1%, with Digital subscribers and Workshops + Digital subscribers decreasing by 4.2% and 21.4%, respectively. The company launched a 2024 restructuring plan to save $100 million annually through operational optimization.
For 2024, WW expects revenues of at least $770 million and adjusted operating income of at least $100 million.
WW International, Inc. (NASDAQ: WW), also known as WeightWatchers, has announced its upcoming second quarter 2024 earnings release and conference call. The company will disclose its Q2 2024 results before the market opens on Thursday, August 1, 2024. Following this, WeightWatchers will host a conference call at 8:30 a.m. ET on the same day.
During the call, CEO Sima Sistani and CFO Heather Stark will discuss the quarterly results and address questions from investors. The event will be accessible via a live webcast on the company's corporate website, where supplemental investor materials will also be available. A replay of the webcast will remain accessible for approximately 90 days after the event.
WW International, Inc. announced its Q1 2024 results, with 4.0 million subscribers and $206.5 million in revenues. The company reported a gross margin of 66.7%, operating loss of $269.3 million due to non-cash intangible impairment charges, and provided full-year guidance. End of period subscribers were down 0.4% year-over-year, while digital subscribers increased by 0.7%. Gross profit was $137.8 million, with adjusted gross profit at $140.3 million. Operating loss was $269.3 million but adjusted to $5.6 million. Net loss was $347.9 million, and the company had a cash balance of $66.6 million as of March 30, 2024.
WeightWatchers for Business has partnered with Personify Health to offer employers integrated access to WeightWatchers' full-spectrum weight health platform. This collaboration aims to provide customizable weight health solutions for organizations using Personify Health's personalized health platform, offering a range of interventions from behavioral to medical for users based on clinical needs. The partnership combines WeightWatchers' science-backed programs with Personify Health's comprehensive health ecosystem to address weight health care needs effectively.
WeightWatchers, known as WW International, Inc., is hosting a live virtual event with Oprah Winfrey on May 9, focusing on a new approach to weight. The event will feature guests like Rebel Wilson and leading medical experts to challenge diet culture and promote a healthier relationship with weight. Participants can register in advance to join the conversation.
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